• Reached a record high of 31% on the Rule of 40 SaaS metric
• Revenue increased to US$116.5M (+19% CC) YoY
• Profit margin on incremental revenue reached 65%, delivering a record high Free Cash Flow of US$8.6M

Catapult Group International Ltd (ASX:CAT), the global leader in sports technology solutions, announced its financial results for the financial year ended March 31, 2025 (FY25). The company reached a record high of 31% on the Rule of 40 SaaS metric, with revenue increasing to US$116.5M (A$185M), up 19% (CC) year-over-year. The profit margin on incremental revenue reached 65%, a full-year record, delivering a record high Free Cash Flow of US$8.6M (A$14M). Catapult's Annualized Contract Value (ACV) grew 18% (CC) year-over-year, reflecting the addition of more than US$15M of incremental ACV, the largest ACV increase in the company's history. The company's core SaaS metrics, including ACV Retention, Customer Lifetime Duration, and Pro Team customers, continued to demonstrate Catapult's embeddedness into team workflows. Both of Catapult's core verticals, Performance & Health and Tactics & Coaching, achieved strong ACV growth. The company's Recurring Revenue growth, which includes SaaS Revenue and Revenue from Catapult's Media business, was up 21% (CC) year-over-year and exceeded US$100M for the first time, finishing FY25 at US$109.6M. Catapult's profitability and cash flow position continued to strengthen, with Management EBITDA of US$14.8M and Free Cash Flow of US$8.6M. The company also strengthened its balance sheet, with a net cash position in excess of US$7M. Catapult continued to innovate, developing several new product solutions, including the world's most powerful athlete monitoring system, a next-generation coaching experience, and live performance insights for sports broadcasts.

Catapult expects strong ACV growth, low churn, continued improvement in cost margins towards targets, and higher free cash flow in FY26, indicating that the company's operating model is scaling with discipline and aligned to the Rule of 40.

Catapult remains focused on purposeful innovation and profitable growth, with a mission to serve the world's best athletes and teams with unrivaled technology. In FY26, the company will deepen its commitment to delivering greater speed, clarity, and actionable insight across the workflows of its customers.